How It Works?

Selling Travel Insurance Has Never Been Easier

TMQuotes makes selling Travel Insurance a breeze. Start selling Travel Medical Insurance in just a few steps.

Got your own website? Integrate in a breeze

We make sure the integration process is simple for our partners. Just add a line of code on your current website and start selling Travel Medical Insurance instantly.

Sign up and get a custom web page for FREE

It is free and easy to get started. Once you have signed up for TMQuotes, you'll have access to our state-of-the-art platform to create a custom web page. Our team of experts will guide you through the process, ensuring that you get set up in no time.

Ready to sell travel insurance online
the easy way?

Try It Free

FAQs

TMQuotes is a technological platform for licensed insurance agents interested in selling international travel medical plans.

It provides a seamless process for agents to:

  • Easily sign up top Travel Insurance companies, instead of going through them individually.
  • Integrate a robust quoting engine either as an Iframe in their existing website, or a hosted site, if they do not have an already existing website.
  • Maintain the changes that the insurance plans go through from time to time.
  • Get ongoing training about insurance plans for the agents.

The sign-up process is easy.

  • You can sign up online and then verify your e-mail.
  • You would receive the partnership contracts from the insurance companies.
  • Once you sign the contracts, the insurance companies also sign the contracts.
  • At this point, you can customize your site, and start selling Travel Medical policies.

Any Health Insurance license holder in any US state can sell the policies online to anyone in the world. However, the Florida Department of Insurance does require these agents also to hold a non-resident license to solicit business to Florida residents.

No, you do not have to pay anything to become a partner with TMQuotes.

We offer an above industry standard commission. The commission amount varies from product to product.

Once you've signed up and become active, you would have access to a sales dashboard that provides real-time data on policies sold daily. It also allows you to view sold policies on a weekly or monthly basis.

You will get compensated directly by the individual insurance companies on a monthly basis.

Currently TMQuotes works with four top companies offering travel medical plans-International Medical Group, Seven Corners, Tokyo Marine HCC Medical Insurance Services and Trawick International, and we are constantly working to add others in the list. If you sign up on TMQuotes, we would work on contracting you with these top companies.

You do not have to do anything to maintain your webpage. TMQuotes will maintain the webpage for you.

Currently, TMQuotes only caters to Licensed Health Insurance agents, based out of the US.

Yes, you would need to provide support directly to your customers. However, if you need any assistance with customer's questions, you can always reach out to us.

If you are already signed up with one or more of the insurance companies and want to move to TMQuotes, you would need to get approval from the insurance company to transfer as our sub-agent. Once you receive the approval, the insurance company will assign you as our sub-producer.

If you are already signed up with another General Managing Agent like TMQuotes and want to move to TMQuotes, you would need to get a written release letter from the existing General Managing Agent. Please send the release letter to us, and we will have the insurance company reassign you as our sub-producer.

The Plans on TMQuotes are available for any international travelers outside their home countries. These include International tourist, international students, Exchange Visitors on J visa, and US Green Card holders coming to USA for short trips.

Ready to sell travel insurance online
the easy way?

Try It Free

About TMQuotes

TMQuotes is powered by VisitorsCoverage, Inc.,
an industry-leading Insurtech player.

We redefine International Travel Insurance Business.

We disrupted the global travel insurance industry by leveraging technology to redefine the way international travelers purchase and manage travel insurance. Through this technology, licensed agents like you can build your own online International Travel Insurance business and improve the online sales process.

With over a decade of experience, we work with the best global travel insurance companies in the United States.

Contact Us

We'd love to help you scale up your business.

Ready to sell travel insurance online
the easy way?

Try It Free

The Future of Travel Insurance

February 13, 2020

As more people travel each year, the number of accidents and injuries also rises. More than 11.9 billion tourists arrived in foreign countries in 2017, and these numbers continue to rise each year. With this comes and opportunity to cater to these travelers, helping them to protect themselves from the dangers inherent in traveling far from home. 

The global travel insurance market is expected to be valued at more than $35 billion by 2025, according to Adroit Market Research. In 2019, UStiA found that Americans alone spent nearly $4 billion on Travel Insurance, a 40.6% rise from 2016. 

Over the past ten years, the travel insurance industry has blossomed into a multi-billion dollar industry and it is forecasted to continue its impressive growth rate through the 2020s. There are a few reasons why travel insurance has such a big market right now. There are more people in the world today than ever before in history. Also, transportation is cheaper and faster, allowing more people to travel internationally with regularity. 

No matter where or when people decide to travel there are a few universal risks that travel insurance can help to protect them against. When things completely outside of their control are becoming more common, travelers are likely to turn to travel insurance for financial protection in case their trips don’t go the way they had planned. Some key risks include:

  1. Natural Disasters: the increasing instances of extreme weather around the world mean that natural disasters are of more concern to travelers. Whether it’s a flight-grounding storm, erupting volcano or simply an unprecedented heatwave, natural events can have a huge impact on a traveler’s plans. 
  2. Health Incidents: Being away from home exposes even the healthiest of people to new germs and unusual risks that make illness and injury more likely than in their everyday lives. Airplanes, in particular, are covered in all sorts of bacteria that could easily make travelers sick before they step foot in their destination country. A 2015 study from Travelmath found that tray tables alone had an average of 2,155 colony-forming units of bacteria per square inch. For comparison, your toilet seat at home has an average of 172 colony-forming units per square inch. Furthermore, outbreaks of deadly diseases like Ebola and Coronavirus are becoming the “new normal” and are almost impossible to predict. 
  3. Terrorism: An ever-changing global risk, terrorism threats are a small but terrifying possibility for many travelers. In 2019, incidents in Nairobi, Kenya and Sri Lanka serve as reminders that there are still groups interested in large acts of destruction that can disrupt trips and end lives. Protection against worst-case scenarios can be very appealing, particular for travelers bound for politically-unstable areas or places where terrorism has been a problem in the past. 
  4. Geopolitics: Around the world, politicians are being elected that are challenging established practices and disrupting diplomatic traditions that helped to defuse international disputes in the past. With more countries changing long-established norms, travelers may be worried about being denied entry to a country, or worse, being unable to leave. Travel insurance can be particularly important people who are a minority in their destination country, either because of ethnicity, gender or sexual orientation. 

While concerning, these factors make travel insurance a worthwhile investment for many travelers. This presents an unprecedented opportunity for those supplying insurance plans that cover people internationally. 

If you are a licensed insurance agent, you are likely already certified to sell travel insurance. If you are interested in learning more about tapping into this market, please reach out to us at info@tmquotes.com. Our team of licensed professionals can help you get started selling travel insurance to people around the world.